Alternative reference rate: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
(Add link.)
(Remove surplus text.)
 
Line 9: Line 9:


An alternative reference rate is an interest rate designed to replace a prevailing interest rate benchmark.
An alternative reference rate is an interest rate designed to replace a prevailing interest rate benchmark.
Alternative reference rates include SOFR, SONIA, AONIA and SARON.




Line 27: Line 25:
* [[SOFR]]
* [[SOFR]]
* [[SONIA]]
* [[SONIA]]
==Other resource==
*[http://www.fca.org.uk/news/speeches/interest-rate-benchmark-reform-transition-world-without-libor A World without Libor - FCA speech - July 2018]


[[Category:Financial_products_and_markets]]
[[Category:Financial_products_and_markets]]

Latest revision as of 03:13, 5 October 2024

Interest rates - reference rates - benchmarks.

(ARR).

Reference rates are benchmark interest rates, used as a basis for calculating other interest rates between market participants.

Examples include borrowings and derivative financial instruments, such as interest rate swaps.


An alternative reference rate is an interest rate designed to replace a prevailing interest rate benchmark.


See also